For Lease · Land

T28 SNOW EAGLE DRIVE, Fort McMurray

T28 SNOW EAGLE DRIVE, Fort McMurray, AB T9H0H8

Price on request

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Asset Class

Land

Size

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Building class

C

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

86%

Lot Size

0.92 ac

About this property

.92 ACRE SITE FOR LEASE CLOSE TO THE AIRPORT, NOT FENCED BEING LEASED AS IS. CLEARED AND READY FOR ACCESS. PAVED ROAD TO THE SITE AND GOOD ACCESS. LEASE IS AT $3,200/MONTHLY + $4,685.68/ANNUALLY TAXES APROX. AND AIRPORT MAINTENANCE FEE OF $3,723/ANNUALLY APROX. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$71K

Annual cash flow

$-12K

Cash-on-cash

-2.69%

DSCR

0.85

Going-in cap

4.74%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

39,926

Households

18,497

Median income

$137,500

Median age

39.1

Daytime population

46,756

5-yr growth

2.4%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for T28 SNOW EAGLE DRIVE, Fort McMurray.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.